Skip to main content

Hemp Is the Far Bigger Economic Issue Hiding Behind Legal Marijuana

Henry Wasserman @ Alternet - Prop 19 will open up California to hemp, a multi-billion-dollar crop that has been a staple of human agriculture for thousands of years.

Hemp is the far bigger economic issue hiding behind legal marijuana.

If the upcoming pot legalization ballot in California were decided by hemp farmers like George Washington and Thomas Jefferson, it would be no contest. For purely economic reasons, if you told the Constitutional Convention in 1787 that the nation they were founding would someday make hemp illegal, they would have laughed you out of the room.

If California legalizes pot, it will save the state millions in avoided legal and imprisonment costs, while raising it millions in taxes. Read more.

Comments

Popular posts from this blog

Africa's Free Trade Dream

Its no longer news that African leaders on July 7 met in Niger to launch a continental free-trade zone that would if successful unite 1.3 billion people, create a $3.4 trillion economic bloc and usher in a new era of development in the African continent.  REad more.